$HIMS
Added 2024-09-23 18:39:47 +0000 UTC$HIMS continues to be very popular in our group and it is a big position for me.
Price has not tested the 50 Day MA but tested the 0.38 Fib on Friday at $15.77, since then it has made a higher low but it is difficult to say that this pull back is complete just yet.
If there is a further pull back to the 0.5 Fib and 0.618 Fib levels between $15.30 and $14.90, on the yellow trend line and there is support here then I am happy, we would be looking for a bounce from there higher
As always, all we want to see is an impulse move higher after a Wave C and so far we are seeing this movement.
I have not ruled out adding again if we get a standard pull back here.
